Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Iraq piles pressure on OPEC over quota dispute after UAE exit
Reuters reported that though Iraq had considered leaving OPEC, the current plan is to remain a member of the group while seeking a higher output quota.
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Bitcoin is having a tough year. Traders are betting it’s going to get worse
Options traders are treating this break like it could be the tip of an iceberg.
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Stocks making the biggest moves premarket: Micron, Qualcomm, IBM, Wendy’s & more
These are the stocks posting the largest moves in the premarket.
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Darden Restaurants earnings beat estimates but Olive Garden growth weakens
Same-store sales growth at Darden’s fine-dining restaurants and Olive Garden fell short of expectations.
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TikTok and YouTube are reinventing sports viewership. Broadcasters are taking note
Leagues, teams and media networks are increasingly meeting younger fans on social media as platforms like TikTok, Roblox and YouTube capture most of their time.
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This beverage stock is likely to rise ahead of coffee business spinoff, Barclays says
The investment bank upgraded shares to overweight from equal weight.
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Annuity options are growing in 401(k)s, but adoption remains limited
Annuity options are gaining ground in 401(k)s, amid worker concerns about retirement income and longevity risks.
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Chevron CFO says gas prices will normalize after Trump presses Big Oil
Her comments come shortly after President Donald Trump ordered an investigation into Big Oil, accusing them of “gouging” consumers.
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Micron stock jumps over 16% in premarket trading after blockbuster earnings
The company’s revenue more than quadrupled from $9.3 billion a year earlier to $41.46 billion, it reported on Wednesday
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Amazon adds new funding, lifting India AI and cloud investment to $48 billion
Amazon announces fresh investment of $13 billion to expand AI and cloud infrastructure in India, taking its total investment to $48 billion.
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